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Contract Amendment to Add $2.45M for Denver Property Tax Relief Program

  • When: 2025/12/02
  • Address: Citywide
  • City: Denver
  • State: CO
  • Category: Affordable Housing
  • Subcategory: Rent Assistance
  • Asset Class: Multifamily
  • Property Type: Affordable Housing
  • Size (Units): 1,629 Units
  • Size (Dollars): $3,650,000
  • Planning Department: True

The city of Denver is amending a contract with Brothers Redevelopment, Inc. (BRI) to expand the Denver Property Tax Relief Program. The resolution adds $2,450,000 to the existing contract for a new total of $3,650,000 and extends the term by twelve months to December 31, 2026. This expansion will allow the program to serve an additional 1,629 households in 2026. The program provides partial rebates to qualifying low-income Denver residents for property taxes paid or the equivalent in rent. BRI is responsible for reviewing applications, verifying eligibility, issuing payments, and conducting outreach to connect residents with other resources to prevent displacement.

Source

Applicant - Brothers Redevelopment, Inc.


City Representative - Polly Kyle